Novi, MI Retail Space for Lease

Browse 11 listing(s) for retail spaces across Novi, MI.

West Oaks I & II Shopping Center

43420-43831 West Oaks Drive, Novi, MI
Space Type

Retail
For Lease Contact for pricing

5 spaces available / 2,250 - 12,549 SF
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West Oaks II Shopping Center

43420 West Oaks Drive, Novi, MI
Space Type

Retail
For Lease Contact for pricing

6 spaces available / 975 - 7,978 SF
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City Center Plaza

43675 Grand River Avenue, Novi, MI
Space Type

Retail
For Lease Contact for pricing

1 space available / 5,884 SF
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West Oaks I & II S.C.

43825 West Oaks Dr, Novi, MI
Space Type

Retail
For Lease Contact for pricing

4 spaces available / 2,252 - 5,456 SF
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Peachtree Center

24053-24055 Meadowbrook , Novi, MI
Space Type

Retail
For Lease

$18.00/SF/YR
1 space available / 2,400 SF
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Beck Village Plaza

30640 Beck Road, Novi, MI
Space Type

Retail
For Lease Contact for pricing

3 spaces available / 1,200 - 3,000 SF
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Sakura Novi

NEQ Novi Road & Grand River Avenue, Novi, MI
Space Type

Retail
For Lease Contact for pricing

3 spaces available / 2,505 - 3,509 SF
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31202 Beck Rd

31202 Beck Rd, Novi, MI
Space Type

Retail
For Lease Contact for pricing

1 space available / 3,690 SF
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Thomasville Centre

42100-42270 Grand River Avenue, Novi, MI
Space Type

Retail
For Lease

$22.00/SF/YR
1 space available / 1,320 SF
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NWC 9 Mile Road & Haggerty Road

NWC 9 Mile Road & Haggerty Road, Novi, MI
Space Type

Retail
For Lease

$28.00/SF/YR
4 spaces available / 1,000 - 2,000 SF
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Pheasant Run Plaza

39711 Grand River Ave, Novi, MI
Space Type

Retail
For Lease

$20.00/SF/YR
1 space available / 1,365 SF
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Retail Space Rents in Novi, MI

Rent costs for this type of commercial space depend on a variety of factors. The foremost of these is location, which will dictate how accessible a business is and how much foot traffic it gets. Other factors, such as space type and lease structure, also come into play. On average, retail space for lease in Novi asks $25.67 per square foot.

Retail Space Lease Types in Novi, MI

The most common type of lease agreement you’ll find here is NNN, with 6 space(s) available under this type of arrangement. The local market is also home to 1 retail space(s) offered under a Full Service lease agreement type, and 1 Modified Gross listing(s).

Most Common Type of Lease for Retail Buildings in Novi, MI

NNN 6
Full Service 1
Modified Gross 1

Average Size of Retail Space for Lease in Novi, MI

The average size for this type of rental opportunity in Novi is 1,000 sqft to 2,500 sqft. Currently, the local market offers 16 listing(s) within that size range. You can also search 6 listing(s) in the more than 5,000 sqft range. It should be noted that spaces in this real estate category are generally specialized to cater to the needs of a particular business, so the average sizes of different retail space types can vary greatly.

Retail Space Types You Can Lease in Novi, MI

Retail space in Novi comes in all types, shapes, and sizes, so you have a good chance to find the right space for your business. The most common type here is listed as Restaurant and you can find 1 such space(s) available.  

Restaurant spaces listed for rent here have an average size of 2,250 square feet. Retail space specialized for restaurants usually includes ample seating areas and enough room for the safe preparation of food. Restaurant spaces may be embedded in a larger mall or can be freestanding buildings.

However, besides these popular subtypes, the market has a lot to offer for entrepreneurs looking for the right space to promote their business and get their goods to customers.

Key Factors to Consider When Choosing a Retail Space for Lease

When you’re looking to give your business a storefront, there are a lot of decisions to be made. The first choice is, of course, location. You’ll have to decide whether your business would operate better in the heart of the city or if it is more likely to thrive in a suburban setting.

Data based on retail spaces listed for rent on CommercialSearch.com

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Novi, MI Retail Space for Lease

West Oaks I & II Shopping Center

West Oaks II Shopping Center

City Center Plaza

West Oaks I & II S.C.

Peachtree Center

Beck Village Plaza

Sakura Novi

31202 Beck Rd

Thomasville Centre

NWC 9 Mile Road & Haggerty Road

Pheasant Run Plaza